GRVT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.046%

Price spread now: BloFin against Bybit−0.213%92s7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$584as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$6005.996% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.153%+$15 on $10k

Price spread, last 3 days (all we have)+0.023%+$2 · spread now −0.213%, 7d avg +0.004%

Together, before fees+0.176%+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.217% cheaper against Bybit than usual: you would sell low and buy high (spread −0.213% now, against its 7-day average of +0.004%). If the spread goes back, that is −$22 on $10k: about 2 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.153% in total) that is about 9.9 days. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GRVTUSDT	0.1924	0.0100	pay 0.0050% / 4h	21m 37s	$2.8M	$847K	20x
Short	BloFin GRVT-USDT	0.1920	0.0112	get 0.0056% / 4h	21m 37s	$240K	$66K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BloFinbpOrdersPrice spread, now −0.213%Rate

Funding earned: $2.43
Price spread: −0.213% → +0.004%: −$21.73
Slippage, 4 orders: −$576.63
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$618.93
Costs to cover: 5.996%
Break-even: 1787.9 days

Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 49 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 1 min ago	8.06 bp	259.8 bp −$260	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 49 min ago	0.26 bp	25.0 bp −$25	doesn't fit	doesn't fit	doesn't fit

GRVT on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit GRVTUSDTlong	+0.0100%	4h	0.1924	long leg	$2.8M	$847K	20x
OKX GRVT-USDT-SWAP	+0.0100%	4h	0.1924	+0.031%	$2.0M	$1.8M	20x	as long as short
MEXC GRVT_USDT	+0.0100%	4h	0.1922	−0.104%	$3.6M	$131K	20x	as long as short
Bitget GRVTUSDT	+0.0100%	4h	0.1925	+0.088%	$673K	$489K	20x	as long as short
Variational Omni GRVT	+0.0100%	4h	0.1920	−0.175%	$269K	$17K	—	as long as short
edgeX GRVTUSDC	+0.0100%	4h	0.1919	−0.217%	$12K	$280K	10x	as long as short
BloFin GRVT-USDTshort	+0.0112%	4h	0.1920	−0.213%	$240K	$66K	20x
Gate GRVT_USDT	+0.0704%	4h	0.1919	−0.239%	$341K	$54K	20x	as long as short
KuCoin GRVTUSDTM	+0.1022%	4h	0.1921	−0.120%	$249K	$662K	20x	as long as short
GRVT GRVT_USDT_Perp	+0.1148%	4h	0.1919	−0.218%	$302K	$191K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX GRVT-USDT	+0.1294%	4h	0.1923	−0.031%	—	$1.6M	—	as long as short
Binance GRVTUSDT	+0.1355%	4h	0.1922	−0.083%	$5.3M	$2.7M	25x	as long as short
Extended GRVT-USD	+0.1360%	1h	0.1922	−0.102%	$103K	$387K	5x	as long as short
Aster GRVTUSDT	+0.1453%	4h	0.1921	−0.135%	$24K	$32K	5x	as long as short